My latest AutoWeek magazine has an article about modified cars and "Insurer's" not insuring them. So far this has only been in Canada. But the article mentions a 47 yr old man (spotless driving record, no accidents EVER
) who commuted in a Pontiac Sunfire. Everything was alright until his insurance company, STATE FARM, dropped his coverage when they learned that he lowered the car and applied graphics to the sides. Now this guy hardly fits the profile of a Fast and Furious type, which STATE FARM seems to want to stereotype him as. Worse off, the article states that the insurance companies may just well put an end to the Sport Compact craze by refusing to insure modified vehicles. Even the Police have been unable to stop the Sport Compact craze.
Now, I live in the states, but I don't like what I am reading one bit. I already have NOTHING GOOD TO SAY ABOUT INSURANCE COMPANIES, and their unregulated practices. But this is going too far. I can see their side of things, having to put out (*potentially*) more money on testosterone laden lads, and their equally agressive female counterparts, and their aggressive driving habbits. But a few bad apples should not spoil it for the rest of us. Its not like STATE FARM already gets enough out of me.
Since you mod (tastefully) what is your take on this? Basically STATE FARM would not re-instate the 47 yr old guys insurance until THEIR ADJUSTER verified that the car was returned to stock. And that if you refuse to inform your insurance company of mods to your car, and you are in an accident, they can deny payment of any claims if they determine your car was modded. ***?? Who are they to do that?